MGO One Seven LLC trimmed its position in shares of Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO – Free Report) by 22.7% during the third quarter, Holdings Channel.com reports. The institutional investor owned 15,943 shares of the company’s stock after selling 4,685 shares during the period. MGO One Seven LLC’s holdings in Invesco S&P 500 Momentum ETF were worth $2,417,000 as of its most recent SEC filing.
A number of other institutional investors have also recently bought and sold shares of the business. Vantagepoint Investment Advisers LLC acquired a new position in shares of Invesco S&P 500 Momentum ETF during the 3rd quarter worth approximately $353,565,000. Tompkins Financial Corp bought a new position in shares of Invesco S&P 500 Momentum ETF in the third quarter valued at about $36,990,000. International Assets Investment Management LLC lifted its stake in shares of Invesco S&P 500 Momentum ETF by 2,683.0% during the 3rd quarter. International Assets Investment Management LLC now owns 250,000 shares of the company’s stock worth $37,895,000 after buying an additional 241,017 shares during the last quarter. Oppenheimer & Co. Inc. acquired a new stake in shares of Invesco S&P 500 Momentum ETF during the 3rd quarter worth about $33,994,000. Finally, Avidian Wealth Enterprises LLC bought a new stake in shares of Invesco S&P 500 Momentum ETF during the 3rd quarter worth about $21,619,000.
Invesco S&P 500 Momentum ETF Stock Performance
Shares of SPMO stock opened at $133.16 on Wednesday. Invesco S&P 500 Momentum ETF has a 52 week low of $107.24 and a 52 week high of $162.30. The company has a market capitalization of $20.88 billion, a price-to-earnings ratio of 29.51 and a beta of 1.12. The company has a 50-day simple moving average of $146.77 and a 200 day simple moving average of $137.97.
Invesco S&P 500 Momentum ETF Profile
The Invesco S&P 500 Momentum ETF (SPMO) is an exchange-traded fund that is based on the S&P 500 Momentum (US Dollar) index. The fund tracks an index of 100 S&P 500 components with the strongest volatility-adjusted momentum. SPMO was launched on Oct 9, 2015 and is managed by Invesco.
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